At the end of last month, I went to scuttlebutt the Funan showsuite located at High Street.
As many of you would be aware, the former Funan DigitaLife Mall is being re-developed by its owner, CapitaLand Mall Trust (SGX: C38U), into an exciting lifestyle mall named Funan. Slated to be unveiled in the final quarter of 2019, the new mall has a showsuite for everyone to get a glimpse of what the new mall will bring.
Here are some things that I experienced during my visit:
1. Once I entered the showsuite, the security personnel asked me to register myself. I thought registering would be done by filling in a form but I was wrong. To register, I had to either “follow” the Funan account on Instagram or “like” the Funan page on Facebook. What an innovative way to garner followers.
2. The floor on the ground level has a “bicycle-track” marked out in red. Funan will become Singapore’s first commercial building to allow cycling through the building.
3. There was a model of Funan done up on the second-floor using Lego bricks. I could see a futsal court, an edible yard (not sure what that is supposed to be) and an urban farm. The futsal court comes under the “fit passion cluster” while urban farm falls within the “taste passion cluster”. I like how CapitaLand Mall Trust is revitalising the retail scene with new offerings.
4. I saw a group of mostly Japanese tourists, numbering around 20, led by a Caucasian tour guide into the showsuite. The tour guide was explaining the new Funan and the showsuite. This is a testament to the importance of Funan and the vibrancy it is adding to the retail scene.
5. I reckon around 30 to 40 people visit the showsuite on average per day. On event days, the number should be much more.
Below are some photos from my visit. The first photo is a staircase leading up to the second-floor of the showsuite.
The photo below: The new Funan done up using 66,500 Lego bricks.
The photo below: The futsal court and the edible yard are shown here.
The photo below: The urban farm is shown here.
The photo below: A basketball court outside the showsuite. This is in line with the “fit passion cluster”. (Basketball under the hot sun, anyone?)
I enjoyed the overall feel of the showsuite and I love how CapitaLand Mall Trust is creating demand for Funan in a unique way, an approach rarely taken by mall developers.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended units of Capitaland Mall Trust. Motley Fool Singapore contributor Sudhan P owns units of Capitaland Mall Trust.